Industrial Policy on the Rise. Comments by Laurids S. Lauridsen Roskilde University. Normalizing industrial policy? (1).
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“The necessary transition to a more sustainable, inclusive and resource-efficient economy will have to be supported by both horizontal and sectoral policies at all levels and will require strengthened European governance and social dialogue” [EC COM(2010)614, 4]
”The present round of industrial policy will no doubt produce some modest successes – and a crop of whopping failures” (The Economist August 7th 2010, 56)
“Encouraging broad-based and inclusive growth does not imply a return to government-sponsored industrial policies, but instead puts the emphasis on policies that remove constraints to growth and create a level playing field for investment”
(The World Bank, “What is Inclusive Growth, 2009, 1)